šŸ’° Greener Homes Loan + Bridge Financing: The Smart Way to Fund Your Solar Project

If you’re ready to make the switch to solar, there’s never been a better time especially with Canada’s Greener Homes Loan offering up to $40,000 interest-free.

But here’s the catch: while the loan sounds great on paper, the payment structure can cause delays or cash flow headaches. That’s where bridge financing comes in to make the entire process smooth, fast, and stress-free.

Let’s break down how combining these options is the most powerful, affordable way to go solar in Alberta right now.

šŸ Greener Homes Loan: Incredible, but Not Instant

The Canada Greener Homes Loan offers homeowners:

  • Up to $40,000 in 0% interest financing
  • A repayment period of up to 10 years
  • Approval tied to upgrades identified in an official energy audit

Sounds amazing, right? It is—but here’s the challenge most people don’t see coming:

You only get 15% of the loan up front, and the remaining 85% is paid out after the system is installed and fully paid for.

That means you’re still on the hook to cover the full install cost out of pocket, upfront—even though you’ve been approved for the loan.

🧩 Bridge Financing Solves That Problem

At Solar Dev, we offer bridge financing specifically designed to pair with the Greener Homes Loan. Our home solar bridge program offers:

  • Up to $30,000
  • 0% interest over 5 years
  • Simple approval process
  • Tailored to your solar install timeline

This allows you to:

  • Move forward immediately without waiting months
  • Cover the full cost of the system
  • Repay the bridge when your Greener Homes funds come in
  • Stay cash-flow positive

No stress. No delays. No out-of-pocket squeeze.

šŸ¦ What About RBC PayPlan?

For smaller systems or partial financing needs, RBC PayPlan can help too.

What it offers:

  • Up to $10,000
  • 0% interest over 12 months
  • Quick approval and funding

It’s a great tool—but for larger solar systems (especially in the $25,000–$40,000 range), RBC can only cover a portion of the cost, not the full solution.

We often recommend using RBC PayPlan in combination with our bridge financing to cover larger installs affordably.

šŸ“‰ TL;DR

The Greener Homes Loan is great—but only pays 15% up front, 85% after install.

Solar Dev’s bridge financing gives you up to $30K at 0% over 5 years—perfect for covering that gap.

RBC PayPlan offers 0% over 12 months, up to $10K—ideal for smaller projects or add-ons.

Combining these tools makes solar more accessible, affordable, and stress-free.

šŸ‘‹ Ready to Design the Right Financing Plan?

We help homeowners across Alberta go solar faster—with zero-interest financing and smart funding options that make sense.

šŸ“© Email us at [email protected] to start the process. We’ll help you get approved, funded, and installed—without the wait.

Leave a Reply

Your email address will not be published. Required fields are marked *

The best quality options, on Schedule with a better price

Ā© 2023 Solar Dev All Rights Reserved.

Menu Links

Calculator

Get In Touch

You have been successfully Subscribed! Ops! Something went wrong, please try again.